Public finances in 2018 National accounts - 2014 Base

Detailed figures
Paru le :Paru le25/03/2020
- March 2020

The "Public finances" item introduces the leading indicators published by Insee relating to the general government accounts. It aims at satisfying the growing interest of a large audience for information on this topic (political decision makers, international organizations...). Its implementation follows the recommendations of the IMF formulated in a quality audit run in 2003.

Warning

In addition to the publication on May 29, 2019, the update on February 25, 2020 concerns the updating data of tables 3.301-3.307. Government expenditure broken down by function was Ouvrir dans un nouvel ongletpublished at European level on 21 February 2020 by Eurostat. Also, the data available on Insee.fr have been slightly revised to take into account the Eurostat methodological recommendations formulated during this publication.

Main aggregates of the general government accounts in % of GDP

%
Main aggregates of the general government accounts in % of GDP (%)
Titles 2014 2015 2016 2017 2018
Expenditure 57.2 56.8 56.6 56.4 56.0
Expenditure excluding imputed items (1) 53.4 52.7 52.6 52.5 51.9
Receipts 53.3 53.2 53.0 53.6 53.5
Receipts excluding imputed items (1) 49.7 49.4 49.3 49.8 49.5
Deficit according to the Maastricht definition -3.9 -3.6 -3.5 -2.8 -2.5
Debt according to the Maastricht definition (2) 94.9 95.6 98.0 98.4 98.4
Net debt (3) 85.5 86.4 89.2 89.5 89.6
Compulsory levies (4) 44.8 44.5 44.6 45.2 45.0
   of which levies of the European Union 0.1 0.1 0.2 0.2 0.2
  • (1) The expenditure and receipts of the general government excluding the imputed socials contributions may, in certain cases, prove to be a better basis for international comparisons.
  • (2) Debt according to the Regulation n°3605 of the European Commission.
  • (3) The general government net debt is defined as the difference between the general government debt according to the Maastricht definition and the deposits, loans and securities (excluding shares) held by the general government over the other sectors.
  • (4) Excluding imputed social contributions.
  • Source: National accounts - 2014 base, INSEE.